Derek Loosvelt

Derek Loosvelt is Vault's senior finance editor. Derek has a BS in economics from the Wharton School at the University of Pennsylvania and an MFA in creative writing from the New School. His writing has appeared in several online and print publications. Previously, he worked in investment banking as an M&A analyst and associate.

All Posts by Derek Loosvelt

In the past few years, Amazon and Walmart have been fighting a war
to win all of your disposable income. That is, at some point, in
the near future, it's likely that just about everything you buy,
from books and music to food and homes, will be sold to you by one
of these two companies (or, perhaps, just one of them). And,
lately, this war has been getting bloodie
Read More >

Although New York Governor Andrew Cuomo declared this to be the "summer of hell" for daily commuters, there's a lot to be thankful for if you work in the New York area, or in any area across the country. Here are four developments that should have even those employees with the most hellish commutes shouting, "Hell, yeah!"
1. More Companies Are Offering Summer Fridays< Read More >

In recent years, in male-dominated industries like finance and
technology, there's been a big push to hire and retain more women.
On Wall Street, most top banks now have female affinity networks
aimed at encouraging women to join the banking industry and to
network with each other once they join. Most banks also have
significantly changed their recruiting efforts to ensure that they
hire more women. And although Wall Street banks have been largely
successful at hiring more women at the...
Read More >

If you want to advance your career, chances are you'll need to show
that you can successfully lead a team. In fact, even at the entry
level, most top companies are looking for candidates with proven
leadership skills. As for how you can gain leadership skills and
improve your leadership ability, you can do a few things right now.
One is learn by trial and error. Which, even if you haven't
realized it, you've likely been doing for many years-on academic
teams, athletic teams, workplace...
Read More >

Today, the three most well known ride-hailing companies here in New
York City are Uber, Lyft, and Juno. Uber is the world's largest and
most controversial ride-hailing company, and its latest scandalous
news involves the firing of 20 e
Read More >

Last week, the Beatles' "Sgt. Pepper's Lonely Hearts Club Band"
turned 50 years old. The 1967 concept album (that wasn't really a
concept album) is widely considered to be the best record ever
made. Here's Rolling Stone
Read More >

It was a long shot, but there were a few people on both sides of
the political aisle that held out hope that the U.S.
Tweeter-in-Chief would listen to dozens of Fortune 500 CEOs and
many of his closest advisors, including Secretary of State Rex
Tillerson and daughter Ivanka, and stay in, rather than pull out
of, the Paris Agreement on climate change. But alas, making good on
one of his campaign promises, President Trump announced that the
U.S. would be exiting the historic ag
Read More >

Although many people, including certain twitterers that
indecipherably tweet late at night, like to lie about numbers,
numbers themselves don't lie. And when it comes to creating returns
for shareholders, numbers say that female CEOs Read More >

Since sitting is the new smoking and walking is the new
running, scores of people are trying to figure out how to sit less
and walk more. In fact, many are aiming for 10,000 steps (about
five miles) a day
Read More >

There have been many memorable moments during the 2017 commencement speech season. There was the moment that Donald Trump, while addressing the graduates of Liberty University, displayed his ignorance of the voting age of citizens of the United States (the country of which, the last I checked, he is still President). There was the moment that 100 or so graduating students staged a Read More >